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No rethink on subsidised LPG: Moily

-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...

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Sustainable Development Goals After 2015 -Olivier De Schutter, Jochen Flasbarth and Dr. Hans R Herren

-IPS News UNITED NATIONS, Sep 25 2013 (IPS) - Reducing the proportion of undernourished people by half until 2015 was one of the Millennium Development Goals that the international community set in 2000. It will not be reached: At least 870 million people worldwide - and one child in five - still go hungry; this in a world where we already produce enough food today to feed nine billion people in...

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No model state -Christophe Jaffrelot

-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...

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The chimera of Dalit capitalism -Nissim Mannathukkaren

-The Hindu The recent launch of the first Dalit venture fund occasions an examination of the moral and ethical emptiness of capitalism History shows that where ethics and economics come in conflict, victory is always with economics B.R. Ambedkar If only Milind Kamble, founder of the Dalit Indian Chamber of Commerce and Industry (DICCI) and Chandra Bhan Prasad, Dalit thinker, columnist and DICCI mentor, had imbibed the wisdom of Manning Marable's How Capitalism Underdeveloped...

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Oil subsidy expected to balloon-Shine Jacob

-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...

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